Meet with Kristina in London

Can Woodburn help you?

I will be in London from November 26-27th, 2023. There are 4 meeting slots still available for a FREE in-person?advisory session. If you are interested to meet to discuss your China requirements, such as:

• discussing your pre-investment strategy into China and/or Hong Kong
• understanding how to register your brand assets and trademarks
• understand how to employ individuals without incorporating a structure?
• understand how to establish a company in either jurisdiction?
• understand how to outsource?administrative functions like accounting, tax, payroll and bank management ?

reach out to me [email protected] to arrange the 1:1 meeting.

This week's top 3 articles from Woodburn

No 1: China updates digital yuan app with new features for foreigners

Several new features aimed to enhance the experience of foreigners using the digital yuan (e-CNY) have been added to the application. The latest update, launched last September, offers a series of improvements, allowing foreigners in China to top up their digital yuan wallet (e-CNY wallet) before doing transactions.

Read more

No 2: Foreign talent working in GBA will enjoy income tax benefits until 2027

Foreign individuals working in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) will be able to enjoy the preferential Individual Income Tax Policies (IIT) until December 31, 2027, according to an extension announced last August by the Chinese Ministry of Finance (MOF). The subsidy was set to expire at the end of 2023.

Read more

No 3: Non-resident enterprises in China must follow tax procedures before paying dividends

Foreign companies interested in distributing dividends from their China business to their investors overseas need to follow a series of tax and bank formalities, before making such payments. According to Chinese regulations, non-resident enterprises must pay the corresponding rate of Corporate Income Tax (CIT) prior to remitting any dividends.?A non-resident enterprise refers to an enterprise lawfully incorporated pursuant to the laws of a foreign country (region) that has an office or premise established in China but has no actual management functions performed in China, or an enterprise that does not have an office or premises but has income derived from or accruing in China.

Read more

?eBook: 9 Superpowers to succeed in China

The complexity of the Chinese markets requires more than just good business intuition. China is a fascinating country which can offer countless opportunities for foreign companies.

The 9 superpowers are a systematic approach, consisting of nine steps that will empower you and your company, and will help you navigate the complex Chinese market successfully. Enabling you to focus on what is critical for your business, and to make decisions swiftly and maintain traction in the Chinese market. You do not want to be left behind.

It is not only important to know where you are going, but to understand how to get safely to your destination.?

Download here

Woodburn Accountants & Advisors is one of China’smost trusted business setup advisory firms

Woodburn Accountants & Advisors is specialized in inbound investment to China and Hong Kong. We focus on eliminating the complexities of corporate services and compliance administration. We help clients with services ranging from trademark registration and company incorporation to the full outsourcing solution for accounting, tax, and human resource services. Our advisory services can be tailor-made based on the companies’ objectives, goals and needs which vary depending on the stage they are at on their journey.

Can Woodburn help you?

We are offering a free 30mins call where we discuss the obstacles you are encountering on your China business journey and how we can help accelerate your success.

Book a call